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Building numbers soar to 8-year high

Construction activity in North Bay surged in 2017 to $91,078,267, a 17 per cent increase from the previous year and to an eight-year high, the city reports.

“Overall construction activity was positive in 2017, hitting an eight-year high,” says Mayor Al McDonald. “Indicators are suggesting another good year of construction activity in 2018. These numbers are significant as they continue to show confidence by investors and developers.”

Total residential building value in 2017 was $34.9 million, compared to $15.3 million in 2016, reflecting a shift of residential types and robust activity in the sector, the city states.

The Marina Point expansion that began in late fall was a significant contributor to the values.